Under Armour, Inc. (NYSE:UAA) Receives Average Recommendation of “Reduce” from Brokerages

Under Armour, Inc. (NYSE:UAA) has received a consensus recommendation of “Reduce” from the twenty brokerages that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $5.9107.

A number of equities research analysts have issued reports on the company. Telsey Advisory Group lowered their price target on Under Armour from $6.00 to $5.50 and set a “market perform” rating for the company in a research report on Wednesday, May 13th. The Goldman Sachs Group reissued a “neutral” rating and set a $6.00 price target on shares of Under Armour in a research report on Wednesday, May 13th. UBS Group reissued a “buy” rating and set a $10.00 price target (down from $11.00) on shares of Under Armour in a research report on Thursday, May 14th. Robert W. Baird set a $8.00 price target on Under Armour in a research report on Monday, February 9th. Finally, Barclays set a $5.00 price target on Under Armour and gave the company an “equal weight” rating in a research report on Wednesday, May 13th.

Insider Transactions at Under Armour

In other news, major shareholder V Prem Et Al Watsa purchased 739,521 shares of the stock in a transaction on Wednesday, May 13th. The stock was purchased at an average price of $4.97 per share, with a total value of $3,675,419.37. Following the completion of the transaction, the insider owned 44,179,116 shares in the company, valued at approximately $219,570,206.52. The trade was a 1.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders bought a total of 1,178,344 shares of company stock worth $5,865,147 over the last ninety days. 15.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Under Armour

Several institutional investors and hedge funds have recently modified their holdings of the stock. Jupiter Asset Management Ltd. lifted its stake in shares of Under Armour by 21.1% in the third quarter. Jupiter Asset Management Ltd. now owns 2,881,040 shares of the company’s stock worth $14,376,000 after acquiring an additional 501,527 shares in the last quarter. Maven Securities LTD lifted its stake in shares of Under Armour by 207.5% in the third quarter. Maven Securities LTD now owns 453,831 shares of the company’s stock worth $2,265,000 after acquiring an additional 306,254 shares in the last quarter. Capula Management Ltd acquired a new position in shares of Under Armour in the third quarter worth about $3,887,000. Ovata Capital Management Ltd acquired a new position in shares of Under Armour in the third quarter worth about $6,980,000. Finally, Intech Investment Management LLC lifted its stake in shares of Under Armour by 133.6% in the third quarter. Intech Investment Management LLC now owns 648,896 shares of the company’s stock worth $3,238,000 after acquiring an additional 371,166 shares in the last quarter. Hedge funds and other institutional investors own 34.58% of the company’s stock.

Under Armour Price Performance

Shares of NYSE:UAA opened at $5.53 on Monday. The company has a market cap of $2.35 billion, a P/E ratio of -4.76, a P/E/G ratio of 1.74 and a beta of 1.73. The company has a quick ratio of 1.08, a current ratio of 1.62 and a debt-to-equity ratio of 0.42. Under Armour has a 52 week low of $4.13 and a 52 week high of $8.15. The business has a fifty day simple moving average of $5.99 and a 200-day simple moving average of $5.76.

Under Armour (NYSE:UAA) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03). Under Armour had a positive return on equity of 3.01% and a negative net margin of 9.98%.The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the previous year, the business earned ($0.08) earnings per share. The firm’s quarterly revenue was down .8% compared to the same quarter last year. Under Armour has set its FY 2027 guidance at 0.080-0.120 EPS and its Q1 2027 guidance at 0.000-0.020 EPS. Equities research analysts forecast that Under Armour will post 0.12 EPS for the current year.

Under Armour Company Profile

Under Armour, Inc (NYSE: UAA) is a global designer, marketer and distributor of performance athletic apparel, footwear and accessories. The company’s product portfolio spans a range of categories including training and running shoes, performance apparel engineered to manage moisture and temperature, and a variety of accessories such as bags, socks and headwear. Under Armour positions its offerings to serve athletes at every level—from professionals to everyday fitness enthusiasts—by combining innovative fabrics, advanced footwear technology and functional design.

Founded in 1996 by Kevin Plank, a former University of Maryland football player, Under Armour initially gained recognition for its moisture-wicking T-shirts, which provided a lightweight alternative to traditional cotton.